Investment - Homes for Sale in Sioux Falls, SD

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  /51

  $263,900

  • 2,128 Sq Ft

  622 N Garfield Ave, Sioux Falls, SD 57104

  Great investment opportunity! This duplex features two units, each offering 2 bedrooms and 1 full bathroom and an attached 2 stall garage. One unit is currently tenant-occupied, providing immediate rental income, while the other unit is vacant and ready for an owner-occupant or a new tenant. The property includes a large yard, offering ample outdoor space for tenants to enjoy. Conveniently

  Stephanie Rodriguez Casa Reynoza

  622 N Garfield Ave, Sioux Falls, SD 57104
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  /77

  $745,000

  • 4 Beds
  • 6 Baths
  • 3,508 Sq Ft

  1308 S Phillips Ave, Sioux Falls, SD 57105

  1308 - 1310 S Phillips Ave, Sioux Falls, SD 57105 Beautiful Craftsman Four Square side-by-side duplex in the historic McKennan Park neighborhood. Renovated in 2015 with complete upgrades to plumbing, electrical, HVAC, and roofing systems while retaining its classic architectural features and timeless charm. Currently owner-occupied on one side with the other side providing rental income. Continue

  Chere Rosa de Sharon Hi-Tech Realty

  1308 S Phillips Ave, Sioux Falls, SD 57105
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  /15

  $499,000

  • 3,230 Sq Ft

  213 S Spring Ave, Sioux Falls, SD 57104

  Rare opportunity to acquire a well-maintained 5-unit investment property in the heart of central Sioux Falls. Positioned near downtown amenities, employment centers, parks, shopping, and dining, this classic multifamily asset offers both immediate income and long-term upside. Each unit is configured as a one-bedroom, one-bath residence, creating broad rental appeal and a straightforward

  Danielle Konechne Grand Sothebys International Realty

  213 S Spring Ave, Sioux Falls, SD 57104
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  /25

  $780,000

  • 5,248 Sq Ft

  703 S Dakota Ave, Sioux Falls, SD 57104

  Excellent investment opportunity to acquire a 9-unit apartment building located just blocks from downtown Sioux Falls. The property has been professionally managed for many years and features a desirable unit mix of eight 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Recent improvements include new siding, security doors, and cement, along with several remodeled units.The apartments

  Amber Ellingsen Keller Williams Realty Sioux Falls

  703 S Dakota Ave, Sioux Falls, SD 57104
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  /11

  $675,000

  • 5,832 Sq Ft

  1011 S 2nd Ave, Sioux Falls, SD 57105

  Positioned in a convenient central Sioux Falls location, this well-maintained 6-plex presents a strong investment opportunity with reliable in-place income and future upside potential. The property features a desirable mix of 1- and 2-bedroom units, appealing to a broad tenant base and supporting consistent occupancy. Recent improvements enhance both functionality and tenant satisfaction, while

  Kim Hofer Better Homes and Gardens Real Estate Beyond

  1011 S 2nd Ave, Sioux Falls, SD 57105
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  /5

  $264,000

  • 1,864 Sq Ft

  514 S Summit Ave, Sioux Falls, SD 57104

  Great investment opportunity. $3,000 flooring allowance for unit #1. Great ROI opportunity. Gross rents per month $3,200. This Tri-Plex has 3 bedrooms and 1 bathroom on the main level. All new carpet on the main level. The other 2 units are 2 bedroom and 1 bath. Great rental history. Listing agent is a licensed real estate agent in the state of South Dakota.

  Terry Keller Market First Real Estate

  514 S Summit Ave, Sioux Falls, SD 57104
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  /22

  $254,900

  • 4 Beds
  • 2 Baths
  • 1,472 Sq Ft

  2133 S Norton Ave, Sioux Falls, SD 57105

  Recently completely remodeled and move-in ready, this 4-bedroom, 2-bath home offers modern updates in a fantastic central Sioux Falls location! Conveniently located near shopping, restaurants, and everyday amenities, you'll also enjoy being within walking distance of Augustana University and the University of Sioux Falls. Inside, the home has been thoughtfully renovated with a completely

  Beau Carpenter Hegg, REALTORS

  2133 S Norton Ave, Sioux Falls, SD 57105
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  /31

  $190,000

  $10K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,205 Sq Ft

  1902 S Spring Ave, Sioux Falls, SD 57105

  Character and convenience come together in this updated 1.5-story home featuring 4 bedrooms and 1 bath. Conveniently located near Augustana University, the University of Sioux Falls, Sanford Hospital, Avera McKennan Hospital, you'll appreciate having many of the city's most desirable amenities just minutes away. Whether you're looking for a place to call home or an investment opportunity, this

  David Maske Hegg, REALTORS

  1902 S Spring Ave, Sioux Falls, SD 57105
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  /9

  $340,000

  • 2,550 Sq Ft

  904 S Blaine Ave, Sioux Falls, SD 57103

  Expand your investment portfolio with this well-maintained triplex offering three desirable 2-bedroom, 1-bath units. Two units are conveniently located on the main level, with an additional lower-level unit, providing a practical layout that appeals to tenants. The property has been well cared for and features paved off-street parking for added convenience, Unit is zoned AD1 perfect for daycares

  Brett Sichmeller Alpine Residential

  904 S Blaine Ave, Sioux Falls, SD 57103
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  /33

  $300,000

  • 2,248 Sq Ft

  1509 S Duluth Ave, Sioux Falls, SD 57105

  Prime investment opportunity in one of Sioux Falls' most walkable, in-demand pockets — minutes from USF and Augustana. This triplex offers an ideal house-hack setup: move into the beautifully updated garden-level unit, where a fully remodeled kitchen and bath, quality finishes, and a genuinely comfortable layout make it feel more like a private residence than a rental. The upper 3-bedroom and

  Blake Bohner 605 Real Estate LLC

  1509 S Duluth Ave, Sioux Falls, SD 57105
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  /8

  $165,000

  • Land
  • 10,741 Sq Ft
  • $669,100 per Acre

  1821 S Duluth Ave Ave, Sioux Falls, SD 57105

  Investor Alert! Build Income Producing Property. Excellent investment opportunity! Vacant lot ready to build, zoned D-2—ideal for a twin home or tri-plex. or single family. Centrally located in Sioux Falls within an established neighborhood featuring mature, tree-lined streets. Conveniently close to Sanford Health, local colleges, schools, shopping, gas stations, and restaurants. Just minutes

  Cindy Oyen Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

  1821 S Duluth Ave Ave, Sioux Falls, SD 57105
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  /9

  $294,500

  • 4 Beds
  • 2 Baths
  • 2,032 Sq Ft

  2113 S Western Ave, Sioux Falls, SD 57105

  Opportunity awaits! This 4-bedroom, 2-bath ranch offers solid potential for buyers looking to build equity through repairs and updates. The home is in need of renovation and is being sold as-is. With the right vision, this property could be transformed into a wonderful owner-occupied home or investment opportunity. Sale may be subject to short sale approval. Buyers should be prepared for the

  Joshua Chambers Real Broker LLC

  2113 S Western Ave, Sioux Falls, SD 57105
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  /40

  $299,900

  • 3 Beds
  • 1 Bath
  • 1,910 Sq Ft

  1600 W 9th St, Sioux Falls, SD 57104

  Charming 1.5-story home offering space, functionality, and incredible additional features you won’t find anywhere else! This 3 bedroom, 1 bath home is centrally located and sits on an enormous lot that includes an additional rear parcel—providing endless possibilities for expansion, recreation, or investment. Inside, you’ll find a warm and inviting layout designed for both comfort and

  Jeffrey Stanton RE/MAX Professionals Inc

  1600 W 9th St, Sioux Falls, SD 57104
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  /29

  $424,900

  • 6 Beds
  • 2.5 Baths
  • 2,328 Sq Ft

  1501 S Gary Dr, Sioux Falls, SD 57103

  Don’t miss this beautifully remodeled 6 bedroom, 2.5 bathroom home with an oversized 2 stall garage plumbed for heater & additional half circle drive for extra parking. The heart of the home is the thoughtfully designed NEW kitchen, boasting SS appliances, countertops, tile backsplash & custom cabinetry that provides ample storage space. The open floor plan seamlessly connects the kitchen to the

  Ellie Stork The Experience Real Estate

  1501 S Gary Dr, Sioux Falls, SD 57103
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  /32

  $224,900

  • 1,456 Sq Ft

  1426 E 17th St, Sioux Falls, SD 57104

  2-1 Buydown Available with Acceptable Offer -- A Smart Way to Own for Less! Looking for a more affordable path to homeownership? This well-maintained duplex offers the opportunity to house hack by living in one unit while rental income from the other unit helps offset your monthly mortgage payment. Combined with a 2-1 interest rate buydown, this property can make homeownership significantly more

  Dave Holmoe Savings Real Estate & Apprsl

  1426 E 17th St, Sioux Falls, SD 57104
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  /20

  $314,900

  • Land
  • 13,982 Sq Ft
  • $980,997 per Acre

  5704 S Lazy Ridge Pl Place, Sioux Falls, SD 57108

  Nestled in the heart of south-central Sioux Falls, this exceptional lot offers the perfect opportunity to bring your dream home to life. Enjoy the convenience of a well-established neighborhood with easy access to shopping, dining, parks, schools, medical facilities, and major roadways, all while maintaining a peaceful residential setting. Whether you’re envisioning a custom-built home or looking

  Senta Pfeiffer The Experience Real Estate

  5704 S Lazy Ridge Pl Place, Sioux Falls, SD 57108
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  /2

  $210,000

  • 2 Beds
  • 1 Bath
  • 708 Sq Ft

  201 S Lincoln Ave, Sioux Falls, SD 57104

  This property offers significant potential as an investment or renovation project. Key features include: - Garage: Extra-large 2-car+ garage (34x28) with versatile usage options. - HVAC: Nearly new high-efficiency furnace and central air conditioning. - Water Heater: Nearly new. - Roof: Shingles are approximately 10 years old. - Exterior: Maintained in good condition.This property presents a

  Jim Weber Weber Realty

  201 S Lincoln Ave, Sioux Falls, SD 57104
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  /16

  $159,900

  • 2 Beds
  • 1 Bath
  • 1,260 Sq Ft

  2000 E 29th St N, Sioux Falls, SD 57104

  Unlock the potential of this unique investment opportunity situated on a nearly half-acre lot! Whether you’re looking for your next renovation project, a flip, or a property to make your own, this one offers endless possibilities. A rare six-stall garage provides exceptional space for vehicles, storage, hobbies, or a workshop. Much of the hard work has already begun, and the home comes with

  Teresa Geiken Amy Stockberger Real Estate

  2000 E 29th St N, Sioux Falls, SD 57104
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  /7

  $550,000

  • 5,376 Sq Ft

  412 S Thompson Ave, Sioux Falls, SD 57103

  Rare opportunity to acquire a fully occupied, professionally managed 6-unit investment property in a desirable Sioux Falls location. The property consists of five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a well-balanced unit mix with strong rental demand. Common area coin opereated laundry. Updates include boiler, HVAC and concrete. This well-maintained asset provides a

  Amber Ellingsen Keller Williams Realty Sioux Falls

  412 S Thompson Ave, Sioux Falls, SD 57103
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  /30

  $195,000

  $15K PRICE DROP

  • 2,232 Sq Ft

  614 S 2nd Ave, Sioux Falls, SD 57104

  Check out this fantastic triplex just steps from downtown Sioux Falls—an excellent investment opportunity in a highly desirable location! Each of the three units offers a 1 bedroom, 1 bathroom layout with recent updates throughout, including fresh paint, new carpet, and vinyl flooring in all units. Unit #2 stands out with a remodeled kitchen and bathroom, plus updated light fixtures and hardware.

  Jackson Dorhout Alpine Residential

  614 S 2nd Ave, Sioux Falls, SD 57104
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  /9

  $145,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 668 Sq Ft

  1920 S Summit Ave, Sioux Falls, SD 57105

  2 bedroom, 1 bathroom home offers comfortable living with a functional layout and plenty of potential. Whether you're a first time homebuyer, looking to downsize, or searching for an investment property, this home is a great opportunity. Schedule your showing today!

  Cadin Buchholz Keller Williams Realty Sioux Falls

  1920 S Summit Ave, Sioux Falls, SD 57105
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  /19

  $760,000

  • 3,552 Sq Ft

  3505 S Hawthorne Ave, Sioux Falls, SD 57105

  Turnkey investment opportunity! This fully leased 8-plex offers a strong rental history with upside potential through future rent growth. Designed for consistent occupancy, the property features coin-operated laundry for added income, detached garages, through-the-wall A/C units, boiler heat, and ample on-site parking. Utility reimbursement fees and a Ratio Utility Billing System (RUBS) are

  Jackson Dorhout Alpine Residential

  3505 S Hawthorne Ave, Sioux Falls, SD 57105
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  /5

  $400,000

  • Land
  • 17,267 Sq Ft
  • $1,009,082 per Acre

  0 Latigo Trl Trail Unit 22600189, Sioux Falls, SD 57108

  Gorgeous Walkout lot in Prairie Hills! Bring your own builder. This large lot offers you many choices when it comes to placement of your home. Executive home site with highly sought after Walkout Lot on the corner of Meredith and Latigo, just a half a block from the park. Quick commute to Interstate access, Shopping and Hospitals. Covenants to protect your investment.

  Danielle Konechne Grand Sothebys International Realty

  0 Latigo Trl Trail Unit 22600189, Sioux Falls, SD 57108
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  /12

  $9,412,880

  • Land
  • 41.25 Acres
  • $228,191 per Acre

  5801 N Kiwanis Ave Ave, Sioux Falls, SD 57107

  INVESTMENT HIGHLIGHTS41+/- acres prime mixed use development site with exposure on both I29 & I90 priced at $5.25 per square foot.Zoned C-4 & LW • Southeast Corner of I29 & I90 Entire Property within a rare Opportunity Zone for investors looking to place Capital gains liabilities into tax deferred investmentRetail, Self-Storage, Apartments, Multi Family & more. Sioux Falls Airport

  Stacey Sieverding Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

  5801 N Kiwanis Ave Ave, Sioux Falls, SD 57107
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  /26

  $179,900

  $10K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 528 Sq Ft

  715 S West Ave, Sioux Falls, SD 57104

  Welcome to this beautifully updated and fully refreshed home in a highly desirable neighborhood, offering the perfect blend of modern updates, low maintenance living, and thoughtful charm. Inside, you'll find a bright and inviting layout that has been extensively renovated from top to bottom. The kitchen features brand- new cabinetry, countertops and stainless steel appliances, creating a clean

  Marty Gullickson Harr & Lemme Real Estate

  715 S West Ave, Sioux Falls, SD 57104
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  /25

  $2,750,000

  • 28,288 Sq Ft

  4800 W 41st St, Sioux Falls, SD 57106

  32 unit multifamily investment opportunity consisting of eight 4 unit apartment buildings, with all units offering 2 bedrooms and 1 bathroom. The property is currently maintained at approximately 90-95% occupancy and is positioned along 41st Street, excellent visibility and convenient access to Interstate 29, employers, retail, dining, and other city conveniences, With frontage along 41st Street,

  David Maske Hegg, REALTORS

  4800 W 41st St, Sioux Falls, SD 57106
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  /9

  $320,000

  • 2,550 Sq Ft

  908 S Blaine Ave, Sioux Falls, SD 57103

  Expand your investment portfolio with this well-maintained duplex offering two desirable 2-bedroom, 1-bath units. Two units are conveniently located on the main level, with the option to add an additional lower-level unit, providing a practical layout that appeals to tenants. The property has been well cared for and features paved off-street parking for added convenience. Unit is zoned AD1

  Brett Sichmeller Alpine Residential

  908 S Blaine Ave, Sioux Falls, SD 57103
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  /6

  $250,000

  $10K PRICE DROP

  • 1,784 Sq Ft

  801 W 13th St, Sioux Falls, SD 57104

  Prime investment opportunity in the heart of Sioux Falls! This triplex multifamily property features major upgrades including newer plumbing, electrical, HVAC, fresh interior paint, and new carpet throughout. Bathrooms and kitchens have been tastefully updated, making this a turnkey addition to any portfolio. Utilities are separately metered, with the landlord only covering garbage and

  Matthew Fisher Keller Williams Realty Sioux Falls

  801 W 13th St, Sioux Falls, SD 57104
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  /20

  $299,900

  $25K PRICE DROP

  • 1,000 Sq Ft

  202 N French Ave, Sioux Falls, SD 57103

  202 N French Ave presents a compelling duplex investment opportunity in the heart of Sioux Falls, SD with a new price drop! This well-maintained property features two residential units and offers immediate cash flow through a flexible rental strategy, currently operated as a mix of mid-term and long-term rentals. Both units are fully furnished with utilities included in the rent, providing a

  Daniel Stillson Gateway Real Estate Advisors

  202 N French Ave, Sioux Falls, SD 57103
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  /44

  $850,000

  $50K PRICE DROP

  • 8,784 Sq Ft

  1201 1205 S Blaine Ave Ave, Sioux Falls, SD 57103

  Fantastic Investment Opportunity – 10-Unit Apartment Property. Discover a strong-performing multifamily investment located at 1201 & 1205 S Blaine Ave in Sioux Falls. This offering includes two separate apartment buildings totaling 10 units—ideal for buyers seeking portfolio growth, value-add potential, or flexible resale options in the future.The first building features 4 units, and the

  Rob Kurtenbach Bender REALTORS

  1201 1205 S Blaine Ave Ave, Sioux Falls, SD 57103
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  /30

  $39,000

  • 2 Beds
  • 2 Baths
  • 952 Sq Ft

  912 N Doland Place, Sioux Falls, SD 57107

  Check out this charming, 2 bedroom 2 bath, 952 sq ft manufactured home located in Country View MHC in Sioux Falls near 12th street and Marion. This home has been recently painted very neutral colors and pleasing colors and work done to update home. Nice master suite. Country view is one of the safest communities within Sioux Falls, ie pet, shed, fence, rental policies and more making this home

  Rene Meyer eXp Realty

  912 N Doland Place, Sioux Falls, SD 57107
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  /42

  $329,000

  • 2,082 Sq Ft

  616 618 N Garfield Ave Ave, Sioux Falls, SD 57104

  Don't miss this well-maintained duplex featuring two spacious 3-bedroom, 1-bath units—each with its own laundry & attached garage. Both units have been thoughtfully updated & are separately metered, allowing tenants to cover their own electricity & heat. The upper unit features sliding doors that open to a newer 12x12 deck (2022), all new vinyl flooring throughout (2025), new interior paint

  Brandyn Vetos Amy Stockberger Real Estate

  616 618 N Garfield Ave Ave, Sioux Falls, SD 57104
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  /31

  $189,500

  $21K PRICE DROP

  • 1,679 Sq Ft

  310 N Sherman Ave, Sioux Falls, SD 57103

  Looking for your first investment property? This triplex is a great place to start. Featuring three one-bedroom, one-bath units, this centrally located property has seen numerous updates over time. Each unit was previously rented for $700 per month. The main floor includes two units, while the third unit is located upstairs with a separate entrance at the back of the property. All three units

  Katie Day Maloney Real Estate

  310 N Sherman Ave, Sioux Falls, SD 57103
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  /6

  $1,700,000

  • 17,616 Sq Ft

  708 S Prairie Ave, Sioux Falls, SD 57104

  Seventeen-unit multifamily investment positioned in an established South Sioux Falls neighborhood with immediate access to the city's dense retail and employment base. Mid-size assets of this type offer an optimal blend of cash flow stability and operational manageability — ideal for the investor seeking meaningful scale without the complexity of a large community. A strong income-producing asset

  Daniel Stillson Gateway Real Estate Advisors

  708 S Prairie Ave, Sioux Falls, SD 57104
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  /31

  $339,900

  • 5 Beds
  • 2 Baths
  • 1,865 Sq Ft

  823 W 22nd St, Sioux Falls, SD 57105

  Completely renovated and move-in ready, this spacious 5-bedroom, 2-bath home offers an incredible opportunity for homeowners and investors alike! Perfectly situated on a corner lot directly across from the University of Sioux Falls and just minutes from downtown, major hospitals, shopping, dining, and entertainment, this home combines location, space, and modern updates. Step inside to find

  Jeffrey Stanton RE/MAX Professionals Inc

  823 W 22nd St, Sioux Falls, SD 57105
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  /2

  $730,000

  • 4 Beds
  • 3 Baths
  • 2,078 Sq Ft

  1320 N Archer Dr, Sioux Falls, SD 57103

  Attention Investors! Rare opportunity and possible 10-31 investment opportunity to own two completely separate ranch walkout twin homes on one parcel at 1320 & 1322 N Archer Ave. Very hard to find 4 bedroom, 3 bath units with over 2,000 finished sq. ft. per side, built in 2019 by G & D Harr Construction with quality finishes and modern design throughout. Each unit features a spacious master

  Jeff Merrill eXp Realty - Elevated Sioux Falls

  1320 N Archer Dr, Sioux Falls, SD 57103
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  /12

  $340,000

  • Land
  • 28,875 Sq Ft
  • $512,898 per Acre

  1508 S Scarlet Oak Pl Place, Sioux Falls, SD 57110

  Discover an unparalleled opportunity to build your custom home amidst the stunning landscapes of Sioux Falls. The Crown at Arbor Edge is a premier development offering breathtaking, panoramic views overlooking the Big Sioux River and the lush greens of Willow Run Golf Course – truly second to none. This luxury lot is designed to capture these magnificent views, ensuring your home is perfectly

  Beth Jamison Jamison Company Real Estate

  1508 S Scarlet Oak Pl Place, Sioux Falls, SD 57110
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  /31

  $314,900

  $14K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,292 Sq Ft

  821 N Spring Ave, Sioux Falls, SD 57104

  Looking for a truly unique home with exceptional versatility and investment potential? Copper Cabin might be the place for you! This hidden gem offers more floor space than meets the eye! The main level features traditional notched cedar log construction, creating a warm, inviting atmosphere, while the lower level showcases a stylish midcentury modern design, perfect for those who appreciate

  Maria Hopkins Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

  821 N Spring Ave, Sioux Falls, SD 57104

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